Can anyone help me on an essay on how salmon farming affects the market for salmon caught in the wild? the subtopics should fully discuss how and why salmon farming affects the price of wild salmon.
OUTLINE (ESSAY)-
FARMED SALMON AND WILD SALMON ARE SUBSITUTE GOODS
(Introduction)
(Farmed and wild salmon compete for the same customers)
(The price of farmed salmon will affect the demand for wild salmon)
(A decrease in demand for wild salmon will decrease the price of wild salmon)
(conclusion) ending sentence
2006-10-09 09:16:28 · 3 answers · asked by Anonymous in Education & Reference ➔ Homework Help
Think about it in terms of something you know. Like for instance, if you like frosted flakes and fruit loops and you don't care which you have for breakfast, what would happen if one was cheaper? Would you buy fruit loops if they were cheaper? What would happen to frosted flakes? Would they have to reduce their price to get you to buy them?
2006-10-09 09:22:26 · answer #1 · answered by msbedouin 4 · 0⤊ 0⤋
You have a good start...but the decrease in the price of wild salmon may not be due to decrease in demand...
2006-10-09 09:28:00 · answer #2 · answered by dbqdawg 3 · 1⤊ 0⤋
Sorry but I'm not writing your paper for you....Good Luck!
2006-10-09 09:20:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋